Senators introduce bill to allow tax deductions for forgiven PPP loans

A bipartisan group of lawmakers introduced legislation Wednesday to enable small businesses to deduct their expenses even if they have received a loan from the federal government’s Paycheck Protection Protection Program that was later forgiven.

Senators introduce bill to allow tax deductions for forgiven PPP loans


The IRS goes virtual to help unrepresented taxpayers

The Settlement Days program is trying out remote options in Detroit and Atlanta.

The IRS goes virtual to help unrepresented taxpayers


6 tips for managing suddenly remote teams

Many of the remote work practices we’re instituting today are likely to be part of a new normal that survives long after the current crisis has ended.

6 tips for managing suddenly remote teams


Private sector lost over 20M jobs in April to coronavirus, says ADP

COVID-19 wiped out most of the jobs gained since the 2008-09 recession despite extensive tax cuts and stimulus payments from the IRS.

Private sector lost over 20M jobs in April to coronavirus, says ADP


Management accountants are creating value out of uncertainty

Accountants and finance pros have led in formulating strategy, anticipating risk and determining the best course of action to move forward.

Management accountants are creating value out of uncertainty


M&A lessons from crises past

As the accounting profession moves through the coronavirus, Transition Advisors’ Joel Sinkin shares what the last recession and the aftermath of 9/11 tell us to expect in the M&A market.

M&A lessons from crises past


UWorld Roger CPA awards over $650K in 2020 scholarships

The CPA Exam prep company honored 10 students based on factors including merit, community service and financial need.

UWorld Roger CPA awards over 0K in 2020 scholarships


The 3 Cs of auditing in a remote world

Some things remain constant for auditors, even when everything else is changing.

The 3 Cs of auditing in a remote world


In the blogs: A marvelous modern age

CARES changes; payroll or not payroll; what to think of the IRS; and other highlights from our favorite tax bloggers.

In the blogs: A marvelous modern age


5 fundamentals for effectively managing your virtual accounting practice

As the owner of an accounting firm, it is crucial to keep a strong direction for your practice and to anticipate and accompany growth.

5 fundamentals for effectively managing your virtual accounting practice